Dunham Mutual Fund Market Value

DCREX
 Fund
  

USD 11.88  0.20  1.71%   

Dunham Real's market value is the price at which a share of Dunham Real stock trades on a public exchange. It measures the collective expectations of Dunham Real Estate investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Dunham Real Estate and determine expected loss or profit from investing in Dunham Real over a given investment horizon. Continue to Dunham Real Correlation, Dunham Real Volatility and Dunham Real Alpha and Beta module to complement your research on Dunham Real.
Symbol

Please note, there is a significant difference between Dunham Real's value and its price as these two are different measures arrived at by different means. Investors typically determine Dunham Real value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dunham Real's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Dunham Real 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Dunham Real's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Dunham Real.
0.00
09/29/2021
No Change 0.00  0.0 
In 11 months and 27 days
09/24/2022
0.00
If you would invest  0.00  in Dunham Real on September 29, 2021 and sell it all today you would earn a total of 0.00 from holding Dunham Real Estate or generate 0.0% return on investment in Dunham Real over 360 days. Dunham Real is related to or competes with American Express. The funds sub-adviser seeks to achieve its investment objectives by investing primarily in income-producing equity secur... More

Dunham Real Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Dunham Real's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Dunham Real Estate upside and downside potential and time the market with a certain degree of confidence.

Dunham Real Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Dunham Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dunham Real's standard deviation. In reality, there are many statistical measures that can use Dunham Real historical prices to predict the future Dunham Real's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Dunham Real's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Dunham Real in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
10.5111.8813.25
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Intrinsic
Valuation
LowReal ValueHigh
10.8512.2213.59
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dunham Real. Your research has to be compared to or analyzed against Dunham Real's peers to derive any actionable benefits. When done correctly, Dunham Real's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Dunham Real Estate.

Dunham Real Estate Backtested Returns

Dunham Real Estate secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the fund had -0.13% of return per unit of risk over the last 3 months. Macroaxis standpoint towards predicting the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Dunham Real Estate exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Dunham Real Estate mean deviation of 1.14, and Coefficient Of Variation of (1,667) to check the risk estimate we provide.
The fund shows a Beta (market volatility) of 0.2682, which means not very significant fluctuations relative to the market. Let's try to break down what Dunham's beta means in this case. As returns on the market increase, Dunham Real returns are expected to increase less than the market. However, during the bear market, the loss on holding Dunham Real will be expected to be smaller as well. Even though it is essential to pay attention to Dunham Real Estate historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards predicting any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Dunham Real Estate exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  0.48  

Average predictability

Dunham Real Estate has average predictability. Overlapping area represents the amount of predictability between Dunham Real time series from 29th of September 2021 to 28th of March 2022 and 28th of March 2022 to 24th of September 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Dunham Real Estate price movement. The serial correlation of 0.48 indicates that about 48.0% of current Dunham Real price fluctuation can be explain by its past prices.
Correlation Coefficient0.48
Spearman Rank Test0.51
Residual Average0.0
Price Variance1.39

Dunham Real Estate lagged returns against current returns

Autocorrelation, which is Dunham Real mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Dunham Real's mutual fund expected returns. We can calculate the autocorrelation of Dunham Real returns to help us make a trade decision. For example, suppose you find that Dunham Real mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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Dunham Real regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Dunham Real mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dunham Real mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dunham Real mutual fund over time.
   Current vs Lagged Prices   
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       Timeline  

Dunham Real Lagged Returns

When evaluating Dunham Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dunham Real mutual fund have on its future price. Dunham Real autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Dunham Real autocorrelation shows the relationship between Dunham Real mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dunham Real Estate.
   Regressed Prices   
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       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dunham Real in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dunham Real's short interest history, or implied volatility extrapolated from Dunham Real options trading.

Pair Trading with Dunham Real

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dunham Real position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dunham Real will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dunham Real

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+0.65BACBank Of America Earnings Call  In Three WeeksPairCorr
The ability to find closely correlated positions to Dunham Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dunham Real when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dunham Real - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dunham Real Estate to buy it.
The correlation of Dunham Real is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dunham Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dunham Real Estate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dunham Real can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Dunham Real Correlation, Dunham Real Volatility and Dunham Real Alpha and Beta module to complement your research on Dunham Real. Note that the Dunham Real Estate information on this page should be used as a complementary analysis to other Dunham Real's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running Dunham Real Estate price analysis, check to measure Dunham Real's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dunham Real is operating at the current time. Most of Dunham Real's value examination focuses on studying past and present price action to predict the probability of Dunham Real's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Dunham Real's price. Additionally, you may evaluate how the addition of Dunham Real to your portfolios can decrease your overall portfolio volatility.
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Dunham Real technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Dunham Real technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dunham Real trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...